Global Sterols Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

Global Sterols Market: Overview

"The Sterols Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."

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Sterols are also known as steroid alcohols. Sterols generally occur naturally in animals, plants, fungi, and bacteria. Phytosterols are isolated from vegetable oils, such as soybean oil, sunflower oil, rapeseed oil, corn oil, etc. Sterols are an important member of the metabolic pathways and structure and are referred to in common sense as cholesterol and its metabolites. Sterols help in reducing cholesterol absorption due to their structural resemblance to cholesterol.

Increasing preferences for cardiovascular diseases is a major factor expected to drive growth revenue in the global market over the next 10 years. In addition, growing awareness regarding maintaining a healthy lifestyle, increasing awareness regarding the health benefits of sterols, and the rapidly growing food and beverages industry are among the other factors expected to drive the demand for sterols-based products.

Furthermore, changing tastes and preferences of consumers and the increasing prevalence of chronic disease are other factors expected to boost the market's growth to a certain extent. However, some serious side effect associated with sterol is a major factor that may hamper the growth in term of revenue in the target market.

Global Sterols Market: Segment Analysis

Among the raw material segments, the vegetable oil segment is expected to hold the highest revenue share in the global sterols market. This is due to the high content of sterols in vegetables such as corn, soybean, and many others. Among the type segments, the stigmasterol segment is expected to hold a significant revenue share in the global market. This is due to the high content of sterols in vegetables such as corn, soybean, and many others.

Global Sterols Market: Region Analysis

The market in North America is projected to register the highest revenue share in the global market, followed by the market in Europe. This is because the rapidly growing food and beverage industry is a major factor driving market growth in countries in this region.

In addition, the increasing popularity of functional foods among consumers from Canada and the US are other factors expected to drive the growth of the North American sterols market. Revenue from the Asia Pacific sterols market is anticipated to grow at a higher CAGR in the upcoming years. This is primarily attributed to the rapidly growing elderly population in countries such as China and India.

In addition, plenty of raw materials, including vegetable oils in Asia Pacific countries, are the major factor for the higher production of sterols in the region. The sterols market in Latin America is expected to expand at a higher pace during the forecast period due to higher demand from various end-user industries in the region.

Global Sterols Market Segmentation

Segmentation by raw material:

• Vegetable Oil
  • Soybean Oil
  • Rapeseed Oil
  • Sunflower Oil
  • Corn Oil
  • Others (Include Olive Oil, Rice Bran Oil, and Cottonseed Oil)
• Tall Oil

Segmentation by type:

• Beta-sitosterol
• Campesterol
• Stigmasterol
• Brassicasterol
• Others (Including Avenasterol such as 5-Avenasterol and 7-Avenasterol)

Segmentation by application:

• Food
• Nutraceuticals
• Cosmetics

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa